BERLIN (Reuters) -German car parts supplier Bosch plans to place a bond worth several billion euros in the next few days to raise capital, business daily Handelsblatt reported on Tuesday, citing
Bosch to Issue Multi-Billion Euro Bond for Capital
BERLIN (Reuters) -German car parts supplier Bosch plans to place a bond worth several billion euros in the next few days to raise capital, business daily Handelsblatt reported on Tuesday, citing financial sources.
No-one at the company was immediately available to comment.
The company has approached potential investors for the new bond, reported Handelsblatt, adding the volume had not been finalized but was expected to be close to the largest issue in the company's history so far in 2023, which totalled 4.5 billion euros.
(Reporting by Ilona Wissenbach Writing by Madeline Chambers, editing by Kirsti Knolle and Matthias Williams)
